ARCE - watching closely for a short play
Weak earnings within a bigger downtrend
The stock bounced from a strong level but still made a nice engulfing candle on a daily
Weak fundamentals
MACD is heading down, so does RSI. The stock is under all MAs (20,50,200)
Looking for some signals of weakness on Monday to take a short position
The stock bounced from a strong level but still made a nice engulfing candle on a daily
Weak fundamentals
MACD is heading down, so does RSI. The stock is under all MAs (20,50,200)
Looking for some signals of weakness on Monday to take a short position
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